Nebius Shares Soar After $17.4B AI Infrastructure Deal with Microsoft

Nebius Group announced a five-year agreement to supply Microsoft with GPU infrastructure capacity in a $17.4 billion deal, sending its shares up 33% in after-hours trading Monday.

This landmark deal highlights surging demand for generative AI compute power and positions Nebius as a key provider of large-scale GPU services to one of the world’s largest cloud platforms.

Deal Highlights

• Partner: Microsoft
• Value: $17.4 billion over five years
• Scope: Provision of GPU infrastructure for Azure AI services

Market Reaction

• After-hours rally: Shares jumped 33% following the announcement.
• Trading session: NBIS opened at $65.47 and later traded up 0.9% during regular hours.
• 52-week range: $14.09 - $75.96; Market cap: $15.43 billion

Strategic Impact

Nebius’s cloud-native AI platform, Nebius AI, and its Toloka AI data-services unit will underpin Microsoft’s efforts to scale generative AI workloads. Analysts say the agreement could accelerate adoption of specialized AI hardware across industries.

Outlook

With the AI infrastructure market projected to grow rapidly, Nebius is set to leverage its expanded capacity to secure additional enterprise and hyperscale clients, further strengthening its competitive position in the cloud GPU sector.